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Walsin Technology Corp
TWSE:2492

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Walsin Technology Corp
TWSE:2492
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Price: 130 TWD -8.77% Market Closed
Market Cap: NT$63.2B

EV/EBIT

37.3
Current
29%
More Expensive
vs 3-y average of 28.8

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
37.3
=
Enterprise Value
NT$81.9B
/
EBIT
NT$2.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
37.3
=
Enterprise Value
NT$81.9B
/
EBIT
NT$2.1B

Valuation Scenarios

Walsin Technology Corp is trading above its 3-year average

If EV/EBIT returns to its 3-Year Average (28.8), the stock would be worth NT$100.49 (23% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-52%
Maximum Upside
No Upside Scenarios
Average Downside
38%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 37.3 NT$130
0%
3-Year Average 28.8 NT$100.49
-23%
5-Year Average 25 NT$87.13
-33%
Industry Average 18 NT$62.72
-52%
Country Average 20.9 NT$72.73
-44%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
TW
Walsin Technology Corp
TWSE:2492
63B TWD 37.3 27.4
US
II-VI Inc
LSE:0LHO
522.4B USD 739.3 2 717.6
JP
Canon Electronics Inc
TSE:7739
40.9T JPY 10.1 22.9
US
Amphenol Corp
NYSE:APH
184.2B USD 31.1 43.1
TW
Delta Electronics Inc
TWSE:2308
5.1T TWD 62 83.5
US
Corning Inc
NYSE:GLW
137B USD 62.9 85.8
TH
Delta Electronics Thailand PCL
SET:DELTA
3.6T THB 126.3 145.8
CN
Eoptolink Technology Inc Ltd
SZSE:300502
604.6B CNY 74 81.2
CN
Luxshare Precision Industry Co Ltd
SZSE:002475
493.8B CNY 34 29.7
US
Coherent Corp
NYSE:COHR
63.3B USD 97 332.1
JP
Murata Manufacturing Co Ltd
TSE:6981
9T JPY 33.8 47.3

Market Distribution

Higher than 75% of companies in Taiwan
Percentile
75th
Based on 671 companies
75th percentile
37.3
Low
0.2 — 14.9
Typical Range
14.9 — 30.2
High
30.2 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 14.9
Median 20.9
70th Percentile 30.2
Max 1 677.9

Walsin Technology Corp
Glance View

Market Cap
63.2B TWD
Industry
Electrical Equipment

Walsin Technology Corp., a Taiwanese powerhouse, weaves its narrative from the intricate world of electronic components, particularly with its significant play in passive components. Founded in the mid-1990s, the company swiftly positioned itself as a leader in chip resistors and multilayer ceramic capacitors (MLCCs), which form the backbone of various electronic devices across industries. At the heart of Walsin's operations is a state-of-the-art manufacturing process that enables it to scale efficiently while maintaining high standards of quality. This prowess in manufacturing not only satisfies burgeoning demand from consumer electronics, automotive sectors, and industrial applications but also reflects the company’s ingeniously streamlined production strategy that reduces costs while maximizing output. Financially, Walsin Technology thrives by tapping into the global wave of digitalization, standing resolute against competitive pressures through innovation and strategic relationships. The company benefits from its vertical integration strategy, which allows it to control the supply chain, thereby mitigating the risks associated with raw material procurement. Revenue streams are robustly diversified, with a growing emphasis on emerging technologies such as 5G and IoT devices that promise to sustain future growth. Walsin's customer-centric approach pairs neatly with its commitment to R&D, ensuring it anticipates market shifts and consistently remains at the technological forefront. Through adept management and visionary foresight, Walsin Technology solidifies its status as a pivotal player in the electronic components arena, channeling its resources and expertise into capturing the forefront of industry dynamics.

Intrinsic Value
71.67 TWD
Overvaluation 45%
Intrinsic Value
Price NT$130
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